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MW: Gold turns lower as dollar firms, stocks drop
 
By Nick Godt
NEW YORK (MarketWatch) -- Gold turned lower on Tuesday, as weak housing data and mixed earnings led investors to sell stocks and oil and buy dollars, reducing the precious metal's appeal. Gold for December delivery recently fell $3.20, or 0.3%, at $1,054.80 an ounce. The dollar especially gained back some ground against the euro, after hitting fresh 14-month lows. The euro recently traded at $1.4885, after rising as high as $1.4993 earlier.

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